The company reported standalone net profit during the quarter stood at Rs 48.27 crore compared to net loss of Rs 58.57 crore in the previous year quarter.
Net revenue of the company rose three fold by 595.58 per cent at Rs 172.99 crore in January-March quarter of this fiscal as against Rs 24.87 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 237.17 per cent to Rs 94.51 crore from Rs 28.03 crore in year ago period.
Other Income grew by 29.27 per cent at Rs 1.06 crore versus (Mar'24 Rs 0.82 crore).
Operating Profit surged by 2583.54 per cent to Rs 78.48 crore as against Rs -3.16 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 456.96 per cent in March quarter.
Interest declined by 18.49 per cent y-o-y to Rs 3.79 crore, while Taxation decreased by 21.09 per cent at Rs 17.62 crore (Mar'24 Rs 22.33 crore).